INDEPENDENCE EMPOWERMENT CENTER INC (EIN 541953287) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

ROBERTA MCEACHERN

Phone

7032575400

Tax Period

2024-07-01 to 2025-06-30

INDEPENDENCE EMPOWERMENT CENTER INC, founded in 1999, is a small nonprofit in the Human Services sector that reported $465K in total revenue in fiscal year 2017. Expenses of $533K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE MISSION OF IEC IS TO ENCOURAGE, SUPPORT, AND PROVIDE OPTIONS TO PEOPLE WITH DISABILITIES. (CONTINUED ON SCHEDULE O)

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $512,216

Program Service Revenue $38,829

Investment Income $5,777

Other Revenue $3,761

TOTAL REVENUE $560,583

Expense Breakdown

Grants Paid $0

Salaries & Benefits $439,908

Fundraising Expenses $5,579

Program Expenses $511,739

Other Expenses $133,860

TOTAL EXPENSES $573,768

Year-over-Year Comparison

	2024	2023	Change
Revenue	$560,583	$476,592	+0.2%
Expenses	$573,768	$486,988	+0.2%
Net Income	$-13,185	$-10,396	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$136,831

Total Directors

$136,831

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAKIA GRAHAM	PRESIDENT	5.00	Officer Director	$0	$0	$0
JANE BURNETTE	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
JANE MOONEY	TREASURER	5.00	Officer Director	$0	$0	$0
PATRICK WRIGHT	SECRETARY	5.00	Officer Director	$0	$0	$0
SAMANTHA SIMPORE	DIRECTOR	1.00	Director	$0	$0	$0
LINDA WILKINS JEFFERSON	DIRECTOR	1.00	Director	$0	$0	$0
ROBERTA MCEACHERN	EXECUTIVE D	40.00	Officer Director	$94,777	$0	$94,777
KAYLA SUTTON	ASSIST. EXEC	40.00	Officer Director	$42,054	$0	$42,054

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$560,583	$573,768	$230,079	$-13,185
2024	$476,592	$486,988	$126,014	$-10,396
2023	$560,083	$491,380	$147,367	$68,703
2022	$402,836	$399,457	$74,327	$3,379
2021	$483,029	$460,652	$90,342	$22,377
2020	$434,146	$491,624	$87,025	$-57,478
2019	$445,562	$468,517	$99,236	$-22,955
2018	$464,570	$533,389	$107,937	$-68,819

INDEPENDENCE EMPOWERMENT CENTER INC